#Update - We are testing todays upper #Bouhmidi-Band in $DAX:
best trade for now is buy near yesterday close and buystop on today high (above gap) cash xetra dax note= we calculate dax next high (our target) 16200-16300 be careful from sell
#DAX40 - After testing 2nd #Bouhmidi-Band we found a intraday bottom and reverse long heading to 15k. Check my trade and update.
There have been clear signs of a reversal in price since the market opened this month. A bullish candle indicates we have now entered an uptrend.
soon or late dax must fill this gap ,each second dax can fly up 4-5 day advice=when dax start go up ,dont pick sell signals (it can wild go up witout pullback and you cant close sells) instead looking for buy in deep we predict for dax 16000 then 16000 for next 10 day cash xetra dax chart
cash phisical dax chart we dont advice pick sell signals on dax(and dow,gold) ,looking for buy ,hold to 16000
A double top has formed on the 4 hour time frame. Price then fell sharply with a bearish candle, then retested a key level. Indication of a downtrend, or at the very least a further fall in price short term.
AC 4hour is green now , if news not comes , dax dow can fly up to high (new record) fibo 161% show pro buyer target around 16400 advice=when dax start go up ,dont pick sell signals, dax can wild go up (no pullback) and dont allow you close sell
Whilst I would predict that the overall trend of the DAX will be upwards over the next week, I believe there will be a retest of the highlighted level of support to form a double bottom beforehand.
today going down comes from asia (night) but 99% dax fly up to 16000 soon
#DAX started with a nice momentum. But it was not enough to overcome the upper #Bouhmidi-Band. #DAX40 is reversing back to mean.
In general, the downward trend is continuing in analysis. We have to follow important areas of support and resistance zones. If the trend isn't broken, the sale will continue in chart.
#DAX40 - With #Bouhmidi - Bands you can filter interesting setups - Today Intraday reversal Short.
GER40 - Intraday - We look to Buy a break of 15602 (stop at 15557) Bespoke resistance is located at 15600. A break of yesterdays high would confirm bullish momentum. There is no indication that the rally is coming to an end. Prices have reacted from 15015. Our profit targets will be 15729 and 15749 Resistance: 15600 / 15650 / 15700 Support: 15550 / 15500 / 15450
DAX has reached 1.382 a very typical level for a Wave B, we hadn't seen any real volume since march 2020, no clear indication of a true impulse wave, and it can be counted as ABC wave B with A=C. VERY BEARISH signal. Should find a support at 10700 and a real and structured impulse up afterwards. HUGE divergence on RSI monthly, and a meaningful on RSI weekly !
today was futures contract expire day (99% dax go down in expire day) we going to buy dax around 15300 and hold 10-15 day to 16000-16300 if you have buy,dont panic ,main trend (daily) is + up note=orange fibo =trend base fibo extention(projection) on dax must draw in 30-240 min last V shape wish you success